BIMCO will produce several clauses dealing with specific issues related to 2020, as making one clause to fit all concerns was deemed unworkable. The first 2020 clause – focused on compliance - may be published as soon as end October.
Representatives from BIMCO are attending meetings at the IMO in London to discuss the Implementation of Ballast Water Management Convention and a proposal submitted by China (III 5/14/2) concerning the use of port reception facilities for discharging ballast water as a means of implementing the BWM Convention.
BIMCO issues a list of scrubber regulation related to the discharge of the wash water
China changes its ECA timeline again
Recent reports of a rise in fuel contamination cases have increased the industry’s concerns over quality and safety of blended fuels as 2020 approaches. And for a good reason. A spike in demand for new low sulphur blends from 1 January 2020 will greatly increase the risk of contamination. Lars Robert Pedersen, Deputy Secretary General of BIMCO calls for bunker states to take responsibility.
Technical, regulatory and financial aspects of the 2020 global fuel sulphur cap regime understandably loom large in people’s minds. But the importance of the contractual dimension should not be overlooked. BIMCO is forging ahead with an all-encompassing 2020 Clause for charter parties, which should be published in November.